NSEI:VINYLINDIA

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Vinyl Chemicals (India)

Executive Summary

Vinyl Chemicals (India) Limited engages in the trading of various chemicals in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet average dividend payer.

Share Price & News

How has Vinyl Chemicals (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VINYLINDIA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.9%

VINYLINDIA

-2.1%

IN Trade Distributors

-0.6%

IN Market


1 Year Return

56.8%

VINYLINDIA

48.8%

IN Trade Distributors

0.9%

IN Market

Return vs Industry: VINYLINDIA exceeded the Indian Trade Distributors industry which returned 48.8% over the past year.

Return vs Market: VINYLINDIA exceeded the Indian Market which returned 0.9% over the past year.


Shareholder returns

VINYLINDIAIndustryMarket
7 Day0.9%-2.1%-0.6%
30 Day2.1%7.5%4.0%
90 Day18.4%48.8%5.7%
1 Year60.4%56.8%49.7%48.8%2.6%0.9%
3 Year32.0%21.9%65.5%31.6%-2.8%-7.4%
5 Year113.4%87.8%158.6%101.4%39.9%29.5%

Price Volatility Vs. Market

How volatile is Vinyl Chemicals (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vinyl Chemicals (India) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VINYLINDIA (₹100.45) is trading below our estimate of fair value (₹301.15)

Significantly Below Fair Value: VINYLINDIA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VINYLINDIA is poor value based on its PE Ratio (24.7x) compared to the IN Trade Distributors industry average (18.4x).

PE vs Market: VINYLINDIA is poor value based on its PE Ratio (24.7x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VINYLINDIA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VINYLINDIA is overvalued based on its PB Ratio (3.1x) compared to the IN Trade Distributors industry average (0.6x).


Next Steps

Future Growth

How is Vinyl Chemicals (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.8%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vinyl Chemicals (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Vinyl Chemicals (India) performed over the past 5 years?

2.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VINYLINDIA has high quality earnings.

Growing Profit Margin: VINYLINDIA's current net profit margins (2.5%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: VINYLINDIA's earnings have grown by 2.1% per year over the past 5 years.

Accelerating Growth: VINYLINDIA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VINYLINDIA had negative earnings growth (-7%) over the past year, making it difficult to compare to the Trade Distributors industry average (-10.4%).


Return on Equity

High ROE: VINYLINDIA's Return on Equity (12.9%) is considered low.


Next Steps

Financial Health

How is Vinyl Chemicals (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: VINYLINDIA's short term assets (₹1.5B) exceed its short term liabilities (₹938.1M).

Long Term Liabilities: VINYLINDIA's short term assets (₹1.5B) exceed its long term liabilities (₹6.4M).


Debt to Equity History and Analysis

Debt Level: VINYLINDIA's debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: VINYLINDIA's debt to equity ratio has reduced from 1.4% to 0.8% over the past 5 years.

Debt Coverage: VINYLINDIA's debt is well covered by operating cash flow (10447.6%).

Interest Coverage: VINYLINDIA's interest payments on its debt are well covered by EBIT (311.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Vinyl Chemicals (India) current dividend yield, its reliability and sustainability?

2.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VINYLINDIA's dividend (2.25%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: VINYLINDIA's dividend (2.25%) is low compared to the top 25% of dividend payers in the Indian market (2.29%).


Stability and Growth of Payments

Stable Dividend: VINYLINDIA's dividends per share have been stable in the past 10 years.

Growing Dividend: VINYLINDIA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.6%), VINYLINDIA's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

17.0yrs

Average board tenure


CEO

Madhukar Parekh (74 yo)

no data

Tenure

₹3,300,000

Compensation

Mr. Madhukar Balvantray Parekh has been an Executive Chairman of Pidilite Industries Ltd since April 10, 2015. Mr. Parekh serves as the Managing Director of Vinyl Chemicals India Ltd. and has been its Chai ...


Board Members

NamePositionTenureCompensationOwnership
Madhukar Parekh
Chairman & MDno data₹3.30m0.68%
₹ 12.5m
Narendrakumar Parekh
Non Executive Director34.42yrs₹261.00k0.41%
₹ 7.6m
Yasmin Mogrelia
Independent Non Executive Director22.33yrs₹279.00k0.0016%
₹ 30.2k
Ramdas Gandhi
Independent Non Executive Director32.17yrs₹250.50k0.015%
₹ 270.7k
Ajay Parekh
Non Executive Director0.75yrno data0.52%
₹ 9.5m
Arun Mavinkurve
Non Executive & Independent Director11.75yrs₹294.00kno data

17.0yrs

Average Tenure

70yo

Average Age

Experienced Board: VINYLINDIA's board of directors are seasoned and experienced ( 17 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vinyl Chemicals (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vinyl Chemicals (India) Limited
  • Ticker: VINYLINDIA
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: ₹1.839b
  • Shares outstanding: 18.34m
  • Website: https://www.vinylchemicals.com

Number of Employees


Location

  • Vinyl Chemicals (India) Limited
  • Ramkrishna Mandir Road
  • Off Mathuradas Vasanji Road
  • Mumbai
  • Maharashtra
  • 400059
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
524129BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1995
VINYLINDIANSEI (National Stock Exchange of India)YesEquity SharesININRJul 1995

Biography

Vinyl Chemicals (India) Limited engages in the trading of various chemicals in India and internationally. It primarily sells vinyl acetate monomer. The company was incorporated in 1986 and is based in Mumb ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 12:34
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.